Constitutional Emergency

The Greatest Crime In History!!!! - Federal Reserve Banks

  How Can This Be?

The following excerpts are from a speech by Congressman McFadden in Congress June 10, 1932. The entire text of

the speech can be found in the Congressional record on pp. 12595 - 12603. " ...Mr Chairman, we have in this country,

 one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal

 Reserve Banks. ...The depredations and inequities of the Federal Reserve Board and the Federal Reserve Banks

 acting together have cost this country enough money to pay the national debt several times over. This evil institution

has impoverished and ruined the people of the United States..... Some people think the Federal Reserve Banks are

United States Government Institutions. They are not government institutions. They are private credit monopolies which

 prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and

domestic spectators and swindlers and rich and predatory money lenders. Those twelve private credit monopolies were

 deceitfully and disloyally foisted upon this country by bankers who came here from Europe and who repaid us for our

 hospitality by undermining our American institutions. ...Mr Chairman, when the Federal reserve act was passed the

people of the United States did not perceive that a world system was being set up here.. that this country was to

 supply financial power to an international superstate - a superstate controlled by international bankers and

international industries acting together to enslave the world for their own pleasure. The people of the United States are

 being greatly wronged. ... They have been driven from their employments. They have been dispossessed from their

homes. They have been evicted from their rented quarters. They have lost their children, they have been left to suffer

 and to die for their lack of shelter, food clothing and medicine. The wealth of the United States and the working capital

 of the United States has been taken away from them and has either been locked in the vaults of certain banks and

great corporations or exported to foreign countries for the benefit of foreign customers of those banks and corporations.

 ...The sack of the United States by the Federal Reserve Board and the Federal Reserve Banks and their confederates

is the greatest crime in history. ...What is needed here is a return to the Constitution of the United States. We need to

 have a complete divorce of the Bank and State... The independant United States Treasury should be reestablished

and government should keep it's own money under lock and key in the building the people provided for that purpose. ...

 The government should buy gold and issue United States currency on it. The business of the independant of the

 independant bankers should be restored to them. The state banking systems should be freed from coercion. The

Federal Reserve districts should be abolished and State boundaries should be respected. Bank reserves should be

 kept within the borders of the States whose people own them, and this reserve money of the people should be

 protected so that international bankers and acceptance bankers and discount dealers cannot draw it away from

them.... The Federal reserve Act should be repealed and the Federal Reserve banks, having violated their charters ,

should be liquidated immediately... Unless this is done by us, I predict that the American people, outraged, robbed,

 pillaged, insulted, and betrayed as they are in their own land, will rise in their wrath and send a President here who

 will sweep the money changers out of the temple.


The Federal Reserve ..The sack of the United States by the Federal Reserve Board and the Federal Reserve Banks

and their confederates is the greatest crime in history. (opinion of the Hon. Louis T. McFadden, June 10, 1932) Louis

T. McFadden was born July 25, 1876 in Troy, PA. At age 16 he was employed by the First National Bank, in Canton,

PA, as an office boy. In 1899 he was elected cashier. Seventeen years later , on January 11, 1916, he became

President of the bank. He was elected to Congress and served 20 years from1915 to 1935. Twelve of those years he

 served as the chairman of the influential Banking and Currency committee (1920 - 1932). Congressman Mcfadden

was certain that the Federal Reserve Board, working in concert with a conspiracy of international bankers, caused the

"great depression." "...It was a carefully contrived occurance...the international bankers sought to bring about a

condition of despair here so they might emerge as the rulers of us all." (Congressional Record May 23, 1933, pp.

 4055-4058) Because of his cinviction, McFadden set out, almost alone, to attack this "conspiracy" to bring down the

Federal Reserve, restore constitutional currency, and to save America and the Constitution from ruin. As could be

expected, Congressman McFadden shook Washington with his "incredible" charges. Some said he had lost his mind.

 the founder of the national Press Club, George Stimpson, in later years, was asked about this time period and about

the question of Mcfadden's sanity. No, Mcfadden was not insane, Stimpson said, "... But it was too much, too much

for one man to do." In spite of McFaddens heroic stand, which nearly brought to a halt the vast and intricate

machinations of the international bankers, his struggle, for the most part was unsuccessful. he paid a great price for

his efforts. He was ridiculed by men in Congress and smeared in the press. Also his life was threatened. Once, two

shots were fired at him while he was getting out of a cab (the bullets, missed him, lodged in the structure of the

vehicle). On another occasion, he was poisoned while at a political banquet in Washington. his life was saved when

 his stomach was pumped by a physician friend at the banquet. Finally, in 1936, while at another banquet, he

collapsed and died, "...and there is little doubt that he was poisoned." (Martin Larson, "the Federal Reserve", p. 99)

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